Federal authorities have been brought in to investigate a cyber security breach of ACT government IT systems. The security breach was detected in an email gateway system called Barracuda, which supports some IT systems for the territory government. ACT Special Minister of State Chris Steel said investigations were underway to determine what data may have…
Binance Lawsuit Triggers $700M in Withdrawals
June 7, 2023
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The Securities and Exchange Commission (SEC) lawsuit against crypto platform, Binance, triggered over $700 million in withdrawals as crypto traders continued to face losses. The SEC filed 13 charges against Binance and its CEO, Changpeng “CZ” Zhao, for allegedly participating in an “extensive web of deception” to mislead customers and evade federal regulatory laws. The case against…
Binance Lawsuit Triggers $700 Million in Withdrawals
June 7, 2023
admin
binanceBusiness & MarketsCompaniesCrime & Public Safetycrypto currencycryptocurrencyeconomyExecutive BranchInvestmentMarketsMedia & Big TechPolicies & ImpactsPoliticsSecurities and Exchange CommissionstocksTechTech NewsUS
0 Comment
The Securities and Exchange Commission (SEC) lawsuit against crypto platform, Binance, triggered over $700 million in withdrawals as crypto traders continued to face losses. The SEC filed 13 charges against Binance and its CEO, Changpeng “CZ” Zhao, for allegedly participating in an “extensive web of deception” to mislead customers and evade federal regulatory laws. The case against…
Risks of AI Are ‘Pretty Scary,’ Should Be Mitigated, Sunak’s Tech Adviser Says
Artificial intelligence (AI) could evolve to kill “many humans” in two years’ time, unless properly controlled and regulated, a government tech adviser has warned. The near-term risks posed by AI are “pretty scary,” said the prime minister’s adviser Matt Clifford, speaking to TalkTV on Monday. AI could be used to create biological weapons or launch…
Microsoft to Pay $20 Million Fine for Violating Children’s Privacy
Tech giant Microsoft has agreed to pay a multi-million dollar settlement to the U.S. Federal Trade Commission (FTC) for illegally collecting children’s personal information without parental consent. The $20 million settlement came after the FTC charged Microsoft for violating the Children’s Online Privacy Protection Act (COPPA). According to COPPA rules, websites and online services open…
Apple Unveils Sleek ‘Vision Pro’ Goggles
CUPERTINO, Calif. — Apple on Monday unveiled a long-rumored headset that will place its users between the virtual and real world, while also testing the technology trendsetter’s ability to popularize new-fangled devices after others failed to capture the public’s imagination. After years of speculation, Apple CEO Tim Cook hailed the arrival of the sleek goggles…
Apple Unveils ‘Vision Pro’ Virtual Reality Headset
June 5, 2023
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CUPERTINO, Calif.—Apple on Monday unveiled a long-rumored headset that will place its users between the virtual and real world, while also testing the technology trendsetter’s ability to popularize new-fangled devices after others failed to capture the public’s imagination. After years of speculation, Apple CEO Tim Cook hailed the arrival of the sleek goggles—dubbed “Vision Pro”—at…
Google AI Creeps Into Gmail Accounts to ‘Find Exactly What You’re Looking For’
Google is introducing a “highly requested” AI search feature in its Gmail service amid concerns that artificial intelligence could pose a threat to privacy. The new Gmail AI search feature is intended to “improve the search experience” of Gmail mobile users and will help people find “exactly what you’re looking for,” Google said in a…
Newly Developed Humanoid Robot Warns About AI Creating ‘Oppressive Society’
During the 2023 International Conference on Robotics and Automation held in London from May 29 to June 2, UK-based company Engineered Arts introduced a humanoid robot, Ameca, that can interact like a person with realistic facial movements. Unlike ChatGPT, which is an online chat service, Ameca’s humanoid body allows it to interact with people using…
AI Adoption Led to Nearly 4,000 Job Losses in May: Report
Almost 4,000 American jobs were lost last month following the use of artificial intelligence (AI), according to a recent report, as businesses increasingly consider deploying AI in their regular operations. U.S.-based employers announced 80,089 job cuts in May, out of which 3,900 reductions were blamed on artificial intelligence, according to a May 2023 layoffs report…
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